USA: Adidas Buys Clothing Maker Valley Apparel
Valley Apparel, based in Iowa, holds clothing licences for more than 140 colleges and universities and more than 100 professional athletes.
It distributes its products to small- to mid-size retailers including sporting goods stores, department stores, fan shops and college bookstores.
"Although this represents only a minor investment for the group, we are confident that this acquisition is another important step to better control the Adidas brand in the all-important North American market," Adidas America CEO Erich Stamminger said.
Valley Apparel became an Adidas licensee in 1999.
Although Ukraine has the potential to be the top East European clothing supplier to Western Europe, the industry's growth is hampered by a lack of foreign investment. But this could be about to change...
Textiles and clothing make up Thailand's largest manufacturing industry, with more than 4,500 factories employing over one million people. The sector accounts for approximately 20 per cent of total em...
Sportswear company Adidas-Salomon AG has agreed a long-term design deal with car manufacturer Porsche AG's Design unit....
Sportswear giant adidas' American subsidiary has named Russ Hopcus as senior vice president of sales....
Sportswear giant Adidas-Salomon AG says it plans to record football-related sales of more than €1 billion in 2006, with percentage growth in the two-digit range....
Sportswear company Adidas-Salomon AG, which this week announced it was selling its Salomon winter sports goods arm, says it predicts sales and profits to continue to rise during 2006, Dow Jones report...
Knit and apparel maker Fanco says the termination of its supply deal with sportswear giant Adidas will cause a €6.0 million loss in 2005....
Sportswear giant Adidas-Salomon AG has lost out in a feud over whether athletes can wear garments featuring its three-stripe logo at the Olympic Games....
- Traditional financing is a misfit for fast fashion
- Planning is key to an effective inventory strategy
- US apparel retailers' November 2016 sales roundup
- Why do modern robotics elude sportswear makers?
- Software for financial planning and operations
- US Q3 in brief – Genesco, G-III Apparel, Express
- Esquel efficiency drive continues to boost brands
- Film documents Cambodia garment workers' stories
- Pakistan suspends India cotton imports
- Columbia waterproof jacket first made without PFCs
- Outdoor performance apparel 2016: A broader perspective
- Footwear Top 5 Emerging Markets Industry Guide_2016
- Global market review of lingerie – forecasts to 2022
- Global apparel markets: product developments and innovations, October 2016
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack